Regulators say Commodity Exchange act should reflect market changes
- COMING UP SHORT: THE UNITED STATES' SECONDBEST STRATEGIES FOR CORRALLING PURELY SPECULATIVE DERIVATIVES. Lynch, Timothy E. // Cardozo Law Review;Dec2014, Vol. 36 Issue 2, p545
Purely speculative derivatives (PSDs) are derivatives in which neither counterparty is engaged in hedging. Unless they are used for entertainment purposes, PSDs are irrational, less-than-zero-sum transactions. Entities that engage in PSDs jeopardize their stakeholders and increase systemic risk....
- The CEA cafe: // Futures: News, Analysis & Strategies for Futures, Options & Deri;Dec96, Vol. 25 Issue 15, p14
Presents various suggested amendments to the 1996 Commodity Exchange Act up for debate in January 1997.
- Where the Buck Stops: Rights and Duties of the Contract Markets. Corn, Bennett J.; Schroeder, Edmund R. // Business Lawyer;Mar80 Special Issue, Vol. 35 Issue 2, p723
Presents views on rights and duties of commodity exchanges in the United States. Provisions of the Commodity Exchange Act; Trade of futures contract in exchanges designated by the Commodity Futures Commission; Elaboration on the definition of an exchange.
- Proposed New York law on derivative suits against directors: Far from a cure. Philips, David; Fallon, Geoffrey D. // NACD Directorship;Mar1994, Vol. 19 Issue 3, p6
Describes derivative lawsuits and the current law to put into perspective the Proposed Law, a legislation passed by the New York State Senate concerning derivative lawsuits as of late 1993. Evolution of the shareholder derivative action; Important aspects of the Proposed Law.
- Derivatives users hit new SEC rule. Elstein, Aaron // American Banker;4/15/1997, Vol. 162 Issue 71, p22
Reports that derivatives users are fighting a US Securities and Exchange Commission regulation on derivatives they say will be cumbersome to comply with and supply little useful information to investors. Disclosure requirements; Quantification on how instruments could affect the business.
- Reform Group Disputes JPM Claim. Adler, Joe // American Banker;5/21/2012, Vol. 177 Issue 78, p11
The article reports the advocacy group Americans for Financial Reform disputes JPMorgan Chase bank's claim that a specific derivatives trade is allowed under the U.S. Volcker Rule which prohibits proprietary trading.
- What's gone wrong with derivatives? Lack of controls. Haney, Robert P.; Levin, Jack P. // Corporate Legal Times;Sep96, Vol. 6 Issue 58, p11
Focuses on the legislation affecting derivative securities. Value derived from an underlying asset, rate or index; Possibility that the United States Congress will react to pressure to do something with derivatives; Government action against abusive sales practices.
- Regulators have a few things in mind for derivatives, but congress is quiet. Reynolds, Katerine M. // Bond Buyer;12/29/97, Vol. 322 Issue 30300, p1
Presents predictions for 1998 in relation to the derivatives market in United States and pending legislation. Plans of the Commodity Futures Trading Commission; Proposed regulatory structures of the Securities and Exchange Commission; Details on legislation introduced by Senator Lauch Faircloth.
- Statement to the Congress. Phillips, Susan M. // Federal Reserve Bulletin;Jun97, Vol. 83 Issue 6, p497
Addresses the author's views on the Federal Reserve Board's efforts to clarify and reform the regulation of the derivatives contracts under the Commodity Exchange Act (CEA). Government regulation of financial markets; Application of the CEA to privately negotiated transactions; Regulations of...